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6 Ways Energy Companies Can Benefit from Procurement Technology

EC Sourcing Group

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. Cost Optimization : Commodity prices in the energy sector can be highly volatile.

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How is technology transforming global sourcing ?

Claritum

Claritum Article - Procurement Blog. Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. BOOK A DEMO.

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How Supply Chain Management Can Mitigate the Effects of Inflation

EC Sourcing Group

A critical aspect of the following supply chain best practices is to have intuitive procurement software that provides insights and analytics to help navigate the uncertainty and make the best decisions for the future. Supply Chain Best Practices : The Effect of Inflation on Procurement & the Supply Chain.

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Should We Celebrate this Marriage?

Supply Chain Shaman

There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. The groups of supply planning, procurement and logistics operate within silos. A supply chain visibility demo. History of E2open. The answer?

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5 Actionable Steps: An Ultimate Guide to Demand-Driven Inventory Replenishment Planning

ThroughPut

According to a study by Deloitte , those companies that were best equipped to respond to the disruption driven by the pandemic had robust relationships with their supplier and partners and the required tools in place to offer visibility into their broader supply networks. Enhancing Supply Chain Visibility.

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5 Actionable Steps: An Ultimate Guide to Demand-Driven Inventory Replenishment Planning

ThroughPut

Triggers and touchpoints across the supply chain can lead to optimized replenishment planning with minimal monetary investment. . The touchpoints can indicate the need for expedited procurement, new vendor relationships, or enhanced delivery speeds. Enhancing Supply Chain Visibility.

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5 Retail Strategies for Supermarkets for AI-Driven Demand Forecasting and Replenishment Planning

ThroughPut

Sustainability initiatives and environmental concerns : Concerns around environmental degradation and achieving long term sustainability have brought forth the added expectation of dealing with sourcing and management of products in a manner that does not harm the environment. Increased supply chain visibility for optimum output.